A Drawback of Planning Is That

question 62

Multiple Choice

A drawback of planning is that:

• A) it fails to provide direction to managerial activities.
• B) it causes detachment, which leads planners to plan for things they do not understand.
• C) it discourages employees to put in additional efforts when following a plan.
• D) it decreases persistence among employees, and leads to slackness.

Evaluate the value of rough estimates of probability distribution of project NPV or IRR over point estimates.

Understand and apply scenario and decision tree analysis in capital budgeting.

Recognize the significance of options in capital budgeting including expansion, abandonment, and timing options.

Distinguish between different types of analysis including scenario, sensitivity, and simulation analyses in evaluating project variables.

---

Definitions:

Information

Data, facts, or knowledge provided or learned about something or someone.

Emotional Strain

A state of mental or emotional pressure or tension resulting from adverse or demanding circumstances.

Care Work

Encompasses the tasks related to caregiving and emotional labor, traditionally undervalued and often performed by women.

Stroke

A medical condition caused by interrupted blood supply to the brain, resulting in cell death and potentially leading to permanent neurological damage.